Company Profile
Formosa Plastics Corporation, U.S.A.
Company Overview
Founded in 1978, Formosa Plastics Corporation, U.S.A. (Formosa Plastics) is a growing, vertically-integrated supplier of plastic resins and petrochemicals. With annual revenues of more than $4 billion, we employ over 2,100 people who operate 18 production units in six business divisions - Olefins, Polyolefins, Vinyl, Specialty Polyvinyl Chloride, Chlor-Alkali, and Oil & Gas.
GO TO: http://www.fpcusa.com/about.html
Formosa Plastics offers a full line of polyvinyl chloride, polyethylene and polypropylene resins, caustic soda and other petrochemicals that deliver the consistency, performance and quality that customers demand. We market our polypropylene and polyethylene resins under the Formolene® tradename; we market our suspension PVC and specialty (dispersion) PVC resins under the Formolon® tradename. We also produce and sell caustic soda, ethylene dichloride, commercial bleach and hydrochloric acid.
We are committed to supplying the highest quality products and services to our customers, providing a safe and healthy workplace for our employees and contributing to the quality of life in the communities where we operate. This commitment is made possible through our dedicated people, consistent products, continued protection of the environment and ongoing investments in new product development, quality control systems and safe, modern and energy-efficient production facilities.
Formosa Plastics is a privately held company headquartered in Livingston, New Jersey. Our core business, producing plastic resins and petrochemicals, takes place at three wholly-owned chemical manufacturing subsidiaries located in Delaware City, Delaware, Baton Rouge, Louisiana and Point Comfort, Texas.
We have invested billions of dollars on building, expanding and streamlining our production facilities and product supply systems. The result is a manufacturing base that is among the newest, most efficient and technologically advanced in the industry. Each of our plants features sophisticated computerized process control systems and state-of-the-art quality control laboratories.
Formosa Plastics Corporation, U.S.A. is affiliated with the Taiwan-based Formosa Plastics Group (FPG), a global leader in petrochemicals, plastics and a variety of other industries. Founded in 1954, FPG has grown from what was then the world's smallest PVC production facility into a worldwide organization with annual sales of more than $75 billion, more than 102,000 employees and assets in excess of $99 billion. FPG also operates several prominent educational and medical institutions in Taiwan.
Notable Products / Brands
Formolon and Formolene Resins
Benefits
Formosa Plastics provides a comprehensive package of employee benefits, which are updated to meet the changing needs of our employees. We currently administer health, dental, partial pension, 401(k) savings, group term life insurance and AD&D insurance. We also offer short and long term disability insurance and other corporate-wide employment benefits.
Unlike most other companies, we pay the full cost of employees' health, dental, life and long term disability insurance premiums for each eligible employee and each eligible dependent.
Company-sponsored training is made available to all employees, also.